18.7bn Restructuring Impairment

Intel takes $18.7bn in restructuring and impairment charges

Smaller than expected sales decline boosts shares as chipmaker tries to recover from misjudging demand

Business - Financial Times - 9 hours ago

What Germany’s new naval base means for Baltic security

Also in this newsletter: the UK joins the EU in committing to the G7 loan to Ukraine

World - Financial Times - October 22

HSBC Announces Restructuring and Names First Female C.F.O.

The restructuring of Europe’s largest lender comes as it looks to cut costs and navigate a diplomatic minefield across its sprawling operations.

Business - The New York Times - October 22

Pressure mounts on VW to finally confront the reality of restructuring

The carmaker must overcome internal resistance to changes necessary to boost competitiveness

Business - Financial Times - October 23

Atos Debt Grows as Restructuring Effort Continues

Atos said its debt pile grew in the third quarter as the beleaguered French IT firm seeks to implement a financial restructuring aimed at restoring profitability.

Business - The Wall Street Journal - October 24

Aces restructuring front office, cut ties with GM

The Aces will not renew the contract of general manager Natalie Williams as part of a restructuring of their front office, the team announced.

Sports - ESPN - 5 days ago

Nestlé ‘not broken’ says new chief as he announces restructuring

World’s largest food group cuts outlook to more ‘realistic’ sales target amid weak consumer demand

Business - Financial Times - October 17

Intrum seeks U.S. bankruptcy protection to restructure $4.7 billion net debt

Intrum, Europe's biggest debt collector, said on Friday it will file for voluntary Chapter 11 bankruptcy protection in the United States as it seeks to restructure its own finances. The company ...

Sports - Yahoo Sports - October 18

HSBC embarks on major restructuring, names first female CFO

HSBC has unveiled a major overhaul, announcing a new geographic setup, consolidated operations and a new CFO — the lender's first female finance chief.

Business - CNBC - October 22

Intel books big charges for restructuring, but here’s why its stock is surging

The company says business trends are improving despite ‘noisy’ earnings.

Business - MarketWatch - 5 hours ago

Bondholders could make $14bn from emerging market restructurings, says Debt Justice

Campaign group says debt resolution in countries from Ghana to Ukraine means potential big profits for investors

World - Financial Times - October 18

Motion picture academy lays off staff at archive and library amid broader restructuring

The Academy of Motion Picture Arts and Sciences is restructuring its archive and library, cutting 16 staff members as part of a strategic effort to consolidate preservation efforts.

Entertainment - Los Angeles Times - 8 hours ago

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